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Freightways Group (Freightways Group) Debt-to-Asset : 0.48 (As of Dec. 2023)


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What is Freightways Group Debt-to-Asset?

Freightways Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $30.4 Mil. Freightways Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $396.2 Mil. Freightways Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $884.9 Mil. Freightways Group's debt to asset for the quarter that ended in Dec. 2023 was 0.48.


Freightways Group Debt-to-Asset Historical Data

The historical data trend for Freightways Group's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Freightways Group Debt-to-Asset Chart

Freightways Group Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.29 0.51 0.46 0.45

Freightways Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.46 0.45 0.45 0.49 0.48

Competitive Comparison of Freightways Group's Debt-to-Asset

For the Integrated Freight & Logistics subindustry, Freightways Group's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Freightways Group's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Freightways Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Freightways Group's Debt-to-Asset falls into.



Freightways Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Freightways Group's Debt-to-Asset for the fiscal year that ended in Jun. 2022 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(22.068 + 286.912) / 691.604
=0.45

Freightways Group's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(30.353 + 396.194) / 884.947
=0.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Freightways Group  (OTCPK:FTWYF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Freightways Group Debt-to-Asset Related Terms

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Freightways Group (Freightways Group) Business Description

Traded in Other Exchanges
Address
32 Botha Road, Penrose, Auckland, NTL, NZL, DX CX10120
Freightways Ltd is a provider of express package services throughout New Zealand. The company is organized into three reportable segments: Express Package and Business Mail, Information Management and Corporate and others. The Express Package and Business Mail segment cover network courier, point-to-point courier, and postal services. Information management comprises secure paper-based and electronic business information management services. Corporate and other comprises corporate, financing, and property management services. Key revenue is derived from the Express Package and Business Mail divisions.

Freightways Group (Freightways Group) Headlines

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